Dollar in Colombia: the price of the currency continues to fall

Dollar in Colombia: the price of the currency continues to fall

This Wednesday, August 24, the price of the dollar in Colombia began a new downward session, approaching $4,350.

And at 10:24 am, the currency is around $4,360.35, that is, it subtracts 14.1 pesos from the TRM of the day, which is $4,374.45.

(‘Petro Dividend Tax Would Wipe Out Equity Market.’)

According to the Stock Exchange, the opening price of the foreign currency was $4,355and so far it has reached a high of $4,374 and a low of $4,345.25.

(Analysts believe that annual inflation in August will be 10.3%).

According to Bloomberg, Analysts agree that this downward behavior of the currency is being seen in currencies of emerging countries, given the uncertainty due to the aggressive measures of the Federal Reserve (Fed) to curb US inflation.

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